If you compare the increase in value of investment property in Moree, 2400 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.15%.
Over the longer term, Moree has seen property prices show investors a -9.24% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Moree is giving property investors an average Vendor Discount of around -10.61%. This puts suburb at number 41th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 13.75 sales per month, which equates to 165 per year.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.15%, investors should hope to achieve an overall return of 6.97%
Property value increases in Moree have tracked lower than the NSW average of 8.63% over the last 12 months.
Taking the average capital gain, or increase in median house value, Moree,2400 has racked up an average of -16.88% over the period. This ranks it number 1724th in the whole country for real estate investors looking at median house price increases.
Moree, 2400’s gross rental yield is 9.38%